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Category: Facebook Dating

Motley Fool’s Podcast: Online Dating

Posted on January 27, 2020

NASDAQ – Jan 24 – Nick Sciple talks with Dan McMurtrie and Alex Draime of Tyro Partners about the bull case paper they recently wrote on online dating. Some topics discussed:

  • How online dating has affected dating style, marriage and divorce rates, cohabitation, and more.
  • How gender dynamics affect online dating, and how different apps work around that.
  • Why Match is so dominant in the industry.
  • Where Facebook's dating offering fits into the competitive landscape.
  • How online dating companies are monetizing their offerings, and how they might expand those ad offerings farther.
  • How matchmaker companies compete with online dating.

by Nick Sciple
See full article at Nasdaq

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Facebook Rolls out Major New Redesign to Small Number of Users

Posted on January 14, 2020

Facebook new look 2020DAILYMAIL.CO.UK – Jan 13 – A small group of Facebook users have been offered the option to switch to FB5. The major new redesign features a brand new layout and improved privacy. The overhaul was originally announced last April at Facebook's annual developer's conference in San Francisco, where the company explained some of the changes it that would be coming. The new update will also see the widespread release of Facebook Dating. The Dating feature will let users create a list of 'Secret Crushes,' and when two people match they'll be prompted to message each other, similar to any other dating app.

by Michael Thomsen
See full article at DailyMail.co.uk

See all posts on Facebook Dating

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OPW Podcast – The Top Dating Industry News for Jan 7th

Posted on January 7, 2020

Opw tmtOPW – Jan 7 – Online dating peak season, Facebook Dating survey, Match Group spin-off.

For the top weekly dating industry news in ~2 minutes subscribe to OPW's Two Minute Tuesdays (TMT) podcast on Breaker Breaker, Google Podcasts Google Podcasts, Spotify Spotify, Anchor Anchor , Overcast Overcast, Radio Public Radio Public or Apple Podcasts Apple Podcasts.

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Facebook Dating Isn’t Feeling the Love in the U.S.

Posted on December 27, 2019

Facebook dating profile creationADWEEK – Dec 27 – 57% of survey respondents hadn't heard of Facebook Dating, while just 9% were using it, according to a recent survey by global opinion platform Piplsay. Piplsay polled 21K Americans. Respondents who knew about Facebook Dating weren't exactly champing at the bit, as 60% said they were uninterested because there are so many other dating apps, while 18% found it to be better than other dating apps. 16% of millennials were using Facebook Dating, compared with 12% of Generation Z. 50% of respondents didn't trust Facebook to keep their personal data safe on Facebook Dating, while 27% were unsure and just 23% trusted the social network.

by David Cohen
See full article at Adweek

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Facebook Dating Now Integrates With Instagram and Facebook Stories

Posted on November 22, 2019

Facebook dating instagram storiesTECH CRUNCH – Nov 22 – Facebook Dating users are now able to add their Facebook or Instagram Stories to Facebook Dating in order to share their everyday moments with daters. Stories can give someone better insight into what a person is like by showcasing what activities they like to engage in, their hobbies, their interests, their personality and their humor, among other things. Facebook or Instagram Stories are not automatically copied over to Facebook Dating by default. Instead, users can select which of their Stories are shared and which are not. Facebook has not disclosed how many people are using Facebook Dating at this time.

by Sarah Perez
See full article at Tech Crunch

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Barry Diller Begins Again

Posted on November 19, 2019

Iac barry diller nov 2019FORBES INDIA – Nov 18 – Barry Diller, the former Hollywood mogul has ground his way to a $4.2B technology fortune. At IAC he has built and spun off ten publicly traded companies, including Ticketmaster, travel giant Expedia and Match Group, Tinder's parent company, worth a combined $70B. "Spinning off Match is a process of renewal in that IAC gets to start inventing again. We are shrinking in order to grow again… shrinking with $5B of cash," he says. Former Diller lieutenant Dara Khosrowshahi, now the CEO of Uber Technologies, says, "Barry's like a shark. If he stops swimming, he dies. So he just keeps going." Diller's current hand looks challenging. Match shares were falling after Facebook said it would redouble its online dating efforts. There are also lawsuits. The co-founders of Tinder, Sean Rad and Justin Mateen, claim they were deprived of billions when the app was consolidated by Match. Diller responds sharply: "Sean Rad is a blowhard and a bad actor." Facebook, Diller adds, has yet to register as a threat to Match. "I'm not overly worried," he quips, then brings up the possibility of regulation. "I think that there are real issues," he says, turning his attention to Google. "It's okay to take our money as advertisers. It's not fine, in my opinion, to then try and get our customers."

by Antoine Gara
See full article at Forbes India

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Can Facebook Buy Match Group?

Posted on October 16, 2019

Facebook logo 2019TREFIS – Oct 15 – In 2018, Facebook announced that it would launch a dating feature. Facebook has the benefit of a massive user base, and even a small percentage of its users adopting a new dating feature could catapult it to the lead position in this segment. However, the perception of Facebook's treatment of user privacy will act as a major deterrent for potential users. Facebook is no stranger to growing by acquisition, and Match Group looks like a great fit. Tinder represents an asset similar in quality and potential to WhatsApp which Facebook bought in 2014. As of 2018, the following is how Match Group's Key Metrics compared with Facebook:

  • User base: 7.9M for Match Group vs 2.25B for Facebook
  • Average Revenue per Users (ARPU): $220 for Match Group vs $24.8 for Facebook
  • Revenues: $1.7B for Match Group vs $55.8B for Facebook
  • Adj EBITDA: $654M for Match Group vs $34B for Facebook
  • EBITDA/user: $83 for Match Group vs $15 for Facebook

Valuations: Standalone and that of the combined entity
For Match Group, we expect EV to be 9.2x the 2020 revenues of $2.5 billion. This translates into an implied enterprise value (EV) of $22.8B for the Match Group, and also represents an EV/EBITDA of 25.5x for the company.

See full article at Trefis

See all posts on Match Group

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What Online Dating Experts Think About Facebook Dating

Posted on September 30, 2019

Facebook dating secret crushTHE ZOE REPORT – Sep 30 – "We found that 40% of online daters don't feel that there's a dating app, site, or platform that meets their needs," said Charmaine Hung, the Facebook Dating project manager. "Facebook Dating makes it easier to find love through what you like," she explains. So, what do online dating experts think of this venture? Mark Brooks, consultant to internet dating CEOs at CourtlandBrooks.com, says he's all for the digital dating platform. "It's vastly superior to the average startup dating app because Facebook is instantly at critical mass," he notes. When it comes to features, he says he's particularly a fan of Secret Crush. "The 'double like' features in HotOrNot, Badoo, Tinder, and POF always made sense," he says, praising FB for offering a similar option. Plus, "putting a cap on crushes by allowing nine is brilliant. It's just enough to quickly identify the very topmost mutual crushes, which should really be thrilling for many." All in all, Brooks has high hopes for the dating platform. "Facebook knows when they've been successful. Over time they should be able to see their patterns of success that will allow them to improve their algorithms over time," he concludes. Fellow online dating consultant Steve Dean, founder of Dateworking and host of the Modern Connection Podcast, has been using the platform himself for a couple of weeks – and so far, he's not impressed. "It currently feels as though Facebook has done nothing whatsoever with its matching algorithms, leaving users with a lineup of truly terrible matches," he says. "Worse, the structure of the app essentially forces users into 'Tinder-ized' dopamine loops where they're simply liking or rejecting users based on photos. He compares its user experience to Tinder and its profile setup to Hinge, giving it an overall vibe that's "disingenuous and very uncreative." But despite his criticisms, Dean admits that Facebook has a unique vantage point when it comes to data, something that could benefit its matching structure in the future.

by Karen Tietjen
See full article at The Zoe Report

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Facebook Is Undervalued by 25%

Posted on September 26, 2019

Fb dating secret crush screenshotsSEEKING ALPHA – SEP 25 – Facebook gets a lot of public hate, which has a hard time shaking off. Moreover, management has been repeatedly questioned. Investors even voted to dethrone Zuckerberg as the company's board chairman and overhaul the current voting structure. Such events have held the stock price away from all-time highs. Investors often forget that Facebook has arguably the best financials in Wall Street. A potential rivalry between Match Group and Facebook Dating makes no sense. Both companies can coexist because they serve two different consumer groups. While Tinder can serve as the more spontaneous, adventurous, and with limited context App, FB dating can attract the middle-age, professional, and mature audience.

by Nikolas Sismanis
See full article at Seeking Alpha

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Facebook Dating: The “Walmart of Dating Apps”

Posted on September 26, 2019

Facebook Dating is more of a nightmare than love storyDAILYMAIL.CO.UK – Sep 25 – It has only been a few weeks since the launch of the matchmaking feature and users are already flocking to Twitter to share their not so positive experiences. Many have expressed their disappointment, calling it 'trash', 'ratchet' and only '5% less annoying than Tinder'.

by Stacy Liberatore
See full article at DailyMail.co.uk

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